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Kallanish Kallanish

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December, 12th 2018

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Weekly Steel

Issue49-18 11 Dec 2018

Kallanish Steel Weekly: Turkish scrap keeps falling impacting global sentiment

The Turkish imported price continued to fall last week as local mills prepare to reduce their output during the winter on the back of little demand in the export markets as well as domestically.

Last week the Kallanish index registered a new decrease of some $10-15/t for Turkish scrap ...

Issue48-18 04 Dec 2018

KSW: CIS billet prices remain under pressure, confirm negative trend for global steel

Last week, as expected, the global market focused on understanding the effects of the slump in seaborne iron ore prices registered on 26 November. All steel prices internationally have suffered as a consequence, but the latest reduction in CIS billet prices confirms that the year is coming to an end ...

Issue47-18 27 Nov 2018

Kallanish Steel Weekly: Global crude steel output continues to rise

The World Steel Association (worldsteel) says that global crude steel output from its 64 reporting countries was 156.6 million tonnes in October 2018, up 5.8% year-on-year.

Overall during the first ten months of the year crude steel production increased some 4.7% y-o-y; by the end of the ...

Issue46-18 20 Nov 2018

Kallanish Steel Weekly: Global rebar values suffer as Chinese prices crash

Global rebar markets have continued to be under pressure in recent weeks as Chinese domestic prices have seen a strong downward trend, after a long period of healthy performance.

During the last two weeks, Chinese domestic rebar prices have lost over $40/tonne according to the Kallanish index, putting increasing ...